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Housing Supply Expansion: Wage Rules Modernization for Affordable Homes

This act aims to boost housing construction, especially for affordable homes. It changes how wages are determined for construction workers to better reflect local conditions and speed up building projects. Citizens might see more available housing and potentially lower construction costs.
Key points
Changes in how construction worker wages are calculated, potentially impacting housing construction costs.
Simplification of wage rules for federally funded housing projects to accelerate construction.
Establishment of a working group to modernize wage regulations to better support housing development.
Potential increase in housing availability due to streamlined construction processes.
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Additional Information
Print number: 117_S_3941
Sponsor: Sen. Thune, John [R-SD]
Process start date: 2022-03-28